Essential Utilities (WTRG) Tax Rate (2009 - 2026)

Essential Utilities (WTRG) posted quarterly Tax Rate of 2.77% for Q1 2026, up 1059.0% year-over-year from 0.24% in Q1 2025, and down 37.96% quarter-over-quarter from 4.46% in Q3 2025.

Essential Utilities (WTRG) Tax Rate (2009 - 2026) Analysis & Trends

Essential Utilities (WTRG) has reported Tax Rate for 18 consecutive years, with 2.77% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 1059.0% year-over-year to 2.77%; the TTM figure through Mar 2026 stood at 0.91% (up 142.0% YoY), while the FY2019 annual figure was 6.15%, up 151.0% from the prior year.
  • Tax Rate declined to 2.77% in Q1 2026 per WTRG's latest filing, from 4.46% in the prior quarter.
  • Across five years, Tax Rate topped out at 18.58% in Q3 2024 and bottomed at 19.8% in Q1 2023.
  • Historically, Tax Rate has averaged 0.11% across 5 years, with a median of 2.41% in 2024.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 2344 bps — and 2025, when it tumbled 1412 bps.
  • Essential Utilities' Tax Rate stood at 6.53% in 2022, then sank by 174 bps to 4.86% in 2023, then jumped by 482 bps to 18.58% in 2024, then tumbled by 76 bps to 4.46% in 2025, then tumbled by 38 bps to 2.77% in 2026.
  • Business Quant data shows WTRG's Tax Rate at 2.77% in Q1 2026, 4.46% in Q3 2025, and 4.07% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 American Water Works Company 26.29 Bn 26.10 Bn - 22.22%
2 Essential Utilities 11.20 Bn 11.19 Bn - 3.11%
3 American States Water 3.36 Bn 3.34 Bn 278.03 Mn 21.20%
4 California Water Service 2.99 Bn 2.90 Bn 263.45 Mn 30.48%
5 H2O America 2.57 Bn 2.47 Bn 197.11 Mn 13.09%
6 Middlesex Water 1.09 Bn 1.08 Bn - 10.80%
7 Consolidated Water 527.52 Mn 401.19 Mn 10.92 Mn 4.85%
8 York Water 516.69 Mn 516.13 Mn - 2.13%
9 Artesian Resources 362.06 Mn 357.80 Mn 26.56 Mn 50.86%
10 Pure Cycle 274.30 Mn 265.86 Mn 4.29 Mn 24.47%

Historic Data

Download Data
DateValue
Jun 30, 2026 3.11%
Jun 30, 2026 3.11%
Jun 30, 2026 3.11%
Mar 31, 2026 2.77%
Mar 31, 2026 2.77%
Mar 31, 2026 2.77%
Sep 30, 2025 4.46%
Sep 30, 2025 4.46%
Sep 30, 2025 4.46%
Jun 30, 2025 4.07%
Jun 30, 2025 4.07%
Jun 30, 2025 4.07%
Mar 31, 2025 -7.83%
Mar 31, 2025 -7.83%
Mar 31, 2025 -7.83%
Sep 30, 2024 18.58%
Sep 30, 2024 18.58%
Sep 30, 2024 18.58%
Jun 30, 2024 2.41%
Jun 30, 2024 2.41%